INEO Tech Corp. (INEOF)

[GringoLocoNY]

interest will come soon or later

[247MarketAddict]

Huge revenue news and no action at all

[GringoLocoNY]

INEO expects to achieve record revenue in fiscal 2023 with substantial year-over-year growth driven by the expansion of its INEO Media Network.

[GringoLocoNY]

INEO has expanded its sales pipeline to over 1,500 store locations through its direct sales efforts and over 8,000 store locations through its partnership with Prosegur. Combined, these store locations represent a sales pipeline of over $40M in annual recurring revenue to the Company.

[GringoLocoNY]

INEO achieved 67% increase in year-over-year revenue and 74% increase in gross profit for fiscal 2022 ended June 30, 2022.

[GringoLocoNY]

INEO achieved 93% revenue growth in Q4, 2022 compared to Q4, 2021.

[247MarketAddict]

Will pick up soon

[GringoLocoNY]

still flat

[247MarketAddict]

Very yes

[Jose Chavez]

Cheap down here low OS no sellers, hopefully itll pick up soon, great story

[247MarketAddict]

The US side got spread bid/ask very thin

[Jose Chavez]

Im getting the word out on socials now

[247MarketAddict]

100k volume on CA

[GringoLocoNY]

Avg. Volume 52,292 canadian side

[GringoLocoNY]

yes unfortunately under the radar still but great company

[Jose Chavez]

Sup guys, yeah slow smh but we need to get the word out

[GringoLocoNY]

both US & canadian side under radar

[247MarketAddict]

Few users on twitter stocktwits

[GringoLocoNY]

yes socials picking up slowly

[247MarketAddict]

More social chatter now, something is brewing

[247MarketAddict]

Expecting action anyday

[GringoLocoNY]

for sure

[247MarketAddict]

Just a matter of time

[247MarketAddict]

Patience will pay off here

[247MarketAddict]

Yes undiscovered gem

[GringoLocoNY]

still slow

[GringoLocoNY]

agree with you and we got a 1.00 price target there so expecting action soon

[247MarketAddict]

Company can only grow from here

[GringoLocoNY]

Revenue here would come from a monthly SaaS license fee of $150-$250 per retail location while INEO or its partner would collect an additional $150-$250 per month per location depending on who supplies the hardware. Predictive analytics would also be available at $19-$49 per month per location.3

[GringoLocoNY]

INEO currently has two primary revenue models, one by which the company offers its Welcoming System free of charge along with the allocation of 15 percent of the system’s screen time, leaving INEO to sell advertising space on the remaining 85 percent at an anticipated net monthly income of about $500 per location. 3
For its other model, INEO will employ more of a SaaS-based approach where the retailer will control 100 percent of advertising on the Welcoming System, while INEO or a partner such as Prosegur will fund the hardware and installation.

[247MarketAddict]

I'm sure it'll move fast even with 300-400k shares

[247MarketAddict]

None at all bro

[GringoLocoNY]

gn

[Jose Chavez]

See you guys during market hours peaceeeeeeee

[Jose Chavez]

Im out ive been doing my DD nothing to complain about here

[GringoLocoNY]

Leung believes INEO’s system has much richer features in analytics and digital signage than Sensormatic and Checkpoint, along with having the ability to remotely manage its systems and offer a lower cost of ownership.3
“Two large incumbents currently dominate this space, although we believe INEO is positioned to disrupt this market with its cheaper, more powerful and (most importantly) patented offering,” he said.3

[GringoLocoNY]

that would be perfect

[247MarketAddict]

Yep hopefully we move up a bit to gain more interest

[Jose Chavez]

Lets see how thin Its trading this week

[247MarketAddict]

Wow 75 liquor stores

[GringoLocoNY]

The company’s platform has already been deployed through a network of about 75 liquor stores in Western Canada and has what Leung called a landmark partnership with Spain-based Prosegur, a large multinational security company. Leung said INEO has two large pilot opportunities in the Prosegur partnership pipeline and a third currently in direct negotiations, giving INEO a line-of-sight into about $15 to $20 million in potential recurring revenues over the next 24 months.3

[GringoLocoNY]

INEO’s partnership with Prosegur is a significant validation of the company’s technology and could potentially position them for substantial growth in the future.
Under the terms of the deal, Prosegur is granted distribution rights to sell, secure, place, and install the patented INEO Welcoming System under their own brand, “Prosegur EVO”.
Prosegur will be responsible for the funding, manufacturing, distribution, in-store setup and in-store maintenance of the systems.
INEO will be responsible for online provisioning, operating, and managing of the INEO Media Network which powers the screens inside of EVO.
INEO will also provide AI (artificial intelligence) powered, location-based analytics to Prosegur and its retail clients which can provide store traffic count as well as certain demographic info, such as gender, age, and even customer satisfaction rating.

[GringoLocoNY]

Late last year, the company announced a global agreement with one of the world’s largest security companies, Prosegur.5
Prosegur has over 175,000 employees in 26 countries across the globe. Prosegur EAS, is a wholly-owned subsidiary of Prosegur,5 and will manufacture, distribute and install INEO’s Digital Advertising and Theft Detection solution dubbed “The Welcoming System” under their own brand, “Prosegur EVO”.
Prosegur, operates globally and has established relationships with some of the largest retailers in the world.

[Jose Chavez]

Big brands like Walmart, Target, Walgreens, and CVS are spending billions of dollars each year attempting to reach you with their marketing messages by any means possible–And INEO Tech Corp. (OTC: INEOF) (TSX: INEO) has come up with an ingenious way to display relevant ads for you and other customers as they tap into the massive $189 Billion per year Digital Advertising space.

[247MarketAddict]

Beacon target $1

[GringoLocoNY]

This little-known company hasn’t caught the attention of Wall Street Fat Cats yet–but Beacon Securities analyst Gabriel Leung reported that INEO Tech Corp. (OTCQB: INEOF) (TSXV: INEO) could run as much as +285% within the next 12 months. (2)

[Jose Chavez]

Nice video

[Jose Chavez]

Kyle Hall is CEO of INEO and serves on its board of directors.

Kyle has been with INEO since 2016 and was formerly the CEO of PNI Digital Media (“PNI”), a Toronto Stock Exchange listed company providing eCommerce and photo kiosk services to some of the largest retailers in the world, including companies such as Walmart, Costco, CVS, Sam's Club, Rite Aid, Walgreens, Tesco and Office Depot.

Under Kyle’s leadership PNI was ranked for multiple years as one of Canada's fastest growing companies (5th fastest in 2009 as ranked in Profit magazine) as well as being one of the fastest growing tech companies in North America (82nd fastest in 2009 as ranked by Deloitte). PNI was also named one of the Top 100 Companies to Work for in Canada in 2014 by the Globe and Mail.

PNI was the number one performing stock on the TSX in the latter half of 2013 leading to Kyle successfully negotiating the sale of PNI to Staples, Inc. in early 2014 for $75 million. Kyle spent two years as an executive at Staples, Inc. before leaving to join INEO.

Prior to PNI, Kyle built a career in Business Development and Sales & Marketing for international tech companies including Corel Corporation, MGI Software and Telepix Imaging. Kyle is also a former professional athlete having played football in the CFL for the Winnipeg Blue Bombers and Ottawa Rough Riders.

Kyle earned a Bachelor of Science degree from Western University in London, Ontario.

[247MarketAddict]

Hopefully numbers out soon

[GringoLocoNY]

No other company has been able to combine security tag readers with digital display billboards, and guess what?–INEO Tech Corp. has the only patent on this in the US and Canada making them the only company to offer this technology.